Corporate New Entrants Velocity
Daily count of companies present in the Bitcoin treasury snapshot and absent the previous day, after identifier matching. Displayed values are capped at 10. These are snapshot appearances, with no purchase date inferred; a return after an absence can be counted.
What is it?
Daily count of companies present in the Bitcoin treasury snapshot and absent the previous day, after identifier matching. Displayed values are capped at 10. These are snapshot appearances, with no purchase date inferred; a return after an absence can be counted.
How to read
Each bar is a daily count of companies absent from the previous day's snapshot. The vertical axis shows a company count capped at 10; a bar at 10 can therefore represent a larger number. Changing the display period does not turn this count into a cumulative total.
Key zones
Zero: no new appearance counted for the day. From 1 to 9: retained appearance count. At 10: display cap reached, with larger values indistinguishable. These levels define neither institutional enthusiasm nor a cycle phase.
What to observe
Observe the sequence of counts and possible provider catch-up days. Compare separately with aggregate holdings: the number of companies appearing does not give the amount of Bitcoin purchased. The country view describes holdings, not the geography of new entrants.
Historical context
The displayed series is configured from January 2024. The calculation compares successive snapshots and does not reconstruct historical purchase dates. Without verified data, neither earlier peaks nor a systematic connection to a market event can be attributed to this chart.
Expert notes
Identifiers are normalized and some renamings matched before comparison. Without a previous-day snapshot, the producer records zero. An upstream check can discard suspicious counts: the greater of 10 and the historical median plus five median absolute deviations, with that deviation at least 1, when enough observations are available over the previous 60 days. The displayed series then drops missing values and caps retained counts at 10. Filtering and capping are separate steps.
Common mistakes to avoid
An appearance is not proof of an initial purchase, and a return after absence can be counted again. Zero does not prove an absence of purchases by companies already tracked. The cap hides magnitudes above 10; a filtered gap must not be read as zero.
Programmatic access
REST API
curl -sS \
'https://api.trinityinsights.io/api/v1/macro-intelligence/metrics/macro-corp-new-entrants-velocity/data?timeframe=90d' \
-H 'X-API-Key: $TRINITY_API_KEY'MCP server
{
"tool": "get_chart_value",
"metric_id": "macro-corp-new-entrants-velocity",
"timeframe": "1y"
}Required tier: pro. See the pricing grid for the tier list and the MCP documentation for multi-client configuration.
Related metrics
Institutional disclaimer
Trinity Insights is an educational and analytical tool. The metric above does not constitute investment advice. Trinity Insights is not a Crypto-Asset Service Provider (CASP) registered under MiCA Regulation (EU) 2023/1114. See the full disclaimer.